CNH Industrial N.V. income statement

In fiscal 2025, CNH Industrial N.V. reported revenue of $18.09bn, down 8.8% on the year before and net income of $510m, or $0.41 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

CNH Industrial N.V.: income statement, annual
Fiscal year	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Revenue	33.5	32.8	33.8	32.6	25.9	25.1	27.7	29.7	28.1	14.8	19.5	23.6	24.7	19.8	18.1	18.2
Cost of revenue	—	—	—	—	—	19.4	21.6	23.0	21.8	11.2	14.1	16.8	16.8	13.4	12.4	12.6
Gross profit	—	—	—	—	—	5.7	6.1	6.7	6.2	3.6	5.4	6.8	7.8	6.5	5.7	5.6
Research and development	1.0	1.1	1.2	1.1	0.9	0.9	1.0	1.1	1.0	0.5	0.6	0.9	1.0	0.9	1.0	1.1
Selling, general and administrative	3.2	3.0	3.1	2.9	2.3	2.2	2.3	2.4	2.2	1.3	1.5	1.8	1.9	1.7	1.9	2.0
Operating income	—	2.3	2.3	2.2	1.6	1.5	1.7	—	—	—	—	—	—	—	—	—
Interest expense	1.3	1.2	1.2	1.3	1.1	1.0	0.9	0.8	0.8	0.7	0.5	0.7	1.3	—	—	—
Net interest income	—	—	—	—	—	—	—	—	—	—	—	−0.1	−0.1	−0.2	−0.1	−0.1
Provision for credit losses	0.4	0.1	0.1	0.2	0.1	0.1	0.1	—	—	—	—	—	—	—	—	—
Income before tax	1.2	1.3	1.4	1.1	0.6	−0.0	0.7	1.5	1.2	−0.2	1.9	2.7	2.7	1.5	0.6	0.4
Income tax	0.7	0.6	0.7	0.5	0.4	0.3	0.5	0.4	−0.3	0.1	0.2	0.7	0.6	0.3	0.2	0.1
Net income	0.5	0.8	0.7	0.7	0.3	−0.3	0.3	1.1	1.4	−0.5	1.7	2.0	2.3	1.2	0.5	0.3
Diluted EPS	$0.42	$0.62	$0.54	$0.52	$0.19	−$0.19	$0.20	$0.78	$1.05	−$0.36	$1.27	$1.49	$1.69	$0.99	$0.41	$0.25
Diluted shares (average)	1,275m	1,223m	1,257m	1,360m	1,363m	1,362m	1,367m	1,361m	1,354m	1,351m	1,361m	1,362m	1,350m	1,260m	1,251m	1,246m
EBITDA	—	3.3	3.4	3.3	2.8	2.2	2.4	—	—	—	—	—	—	—	—	—

US$ millions unless shown otherwise. Fiscal quarters.

CNH Industrial N.V.: income statement, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Revenue	4,654	4,876	3,828	4,711	4,399	5,157	3,826	4,803
Cost of revenue	3,130	3,323	2,569	3,192	2,995	3,633	2,605	3,396
Gross profit	1,524	1,553	1,259	1,519	1,404	1,524	1,221	1,407
Research and development	221	238	184	218	281	342	232	230
Selling, general and administrative	426	414	386	478	549	463	465	494
Interest expense	378	—	—	—	—	—	—	—
Net interest income	−36	−38	−25	−26	−26	−37	−23	−41
Income before tax	385	127	162	275	51	132	13	172
Income tax	75	89	47	76	1	60	4	43
Net income	306	173	131	213	80	86	7	138
Diluted EPS	$0.24	$0.14	$0.10	$0.17	$0.06	$0.07	$0.01	$0.11

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

Compare with peers

Head to head: AGCO vs CNH CNH vs DE CNH vs TTC

More: Agricultural & Farm Machinery stocks compared, Industrials sector, rankings of US companies

Figures from CNH Industrial N.V.'s SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to CNH Industrial N.V.